The Federal Government’s 2023 Intergenerational Report has identified that the number of Australians aged between 65 and 84 will grow from four million today to five million in 2033 – an increase of one million people in just 10 years.
The number of people aged over 85 will grow from 600,000 today to 900,000 by 2033 and 1.4 million by 2043.
How much will it cost to build and refurbish the beds required to meet this demand? $50 billion, according to Regis Healthcare CEO Dr Linda Mellors.
What, then, are the solutions?
Read the full story this week, only in SATURDAY – subscribe here.
Stockwell tells investors Solana Lifestyle Resorts will provide 10.5% cash return per year
Mark Stockwell’s QLD development business is actively promoting three land lease community investment funds based on Solana Lifestyle Resorts. Stockwell, which has set up 28 investment funds with $380 million of assets under management, is now...